1500 Ocean Drive, #1003, Miami Beach, FL, 33139 | $3,000,000

Experience luxury oceanfront living in this meticulous redesigned residence by award winner NMR Design Group of Miami with breathtaking ocean views from every room. The residence offers exquisite new flooring, a contemporary kitchen with a quartzite waterfall counter at the best location in Miami Beach, highest walkability factor. The large covered terrace serves as an outdoor living room with stunning ocean and beach vistas. This home located at the award-winning boutique Oceanfront GEM, Michael Graves Condo, provides an array of upscale amenities, including private beach services, a barbecue area, a social room, air-conditioned bike and storage rooms, and a dedicated professional staff. Wake up to ocean views and make each day a BEACH DAY! A Master Broker Property. Must see

Features

  • Heating: Central,Electric
  • Cooling: Central Air,Electric
  • Levels: 15
  • Amenities: Beach Rights,Bike Storage,Business Center,Community Kitchen,Fitness Center,Barbecue,Picnic Area,Pool,Sauna,Spa/Hot Tub,Storage,Trash,Elevator(s)
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: 1500 OCEAN DRIVE CONDO
  • Year Built: 1998
  • Approx Sq. Feet: 1,740
  • Est. Taxes: $27,202
  • View: Ocean
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Dogs OK,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Electric Water Heater,Ice Maker,Microwave,Refrigerator
  • MLS#: A11521959
  • Days on Market: 230 days
  • Website: https://www.raveis.com
    /prop/A11521959/1500oceandrive_miamibeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of One Sotheby's International Re   Phone: 305-538-9711

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1500 Ocean Drive, #1003, Miami Beach, FL, 33139

$3,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,400,000 $2,400,000 $2,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.876% 6.850%
Monthly Tax Payment $2,267 $2,267 $2,267
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,566 $15,566 $21,072
Total Monthly Payment $17,958 $17,958 $23,464

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.